RIYADH : Saudi Ports Authority (MAWANI) signed one-year commercial agreement with the leading global liner shipping company Hapag-Lloyd. The agreement is the first commercial agreement aiming at increasing
Mediterranean Shipping Company (MSC) has announced the launch of a new weekly service, the Palmetto, from Asia to the US East Coast. MSC is introducing a new container
Allcargo Logistics is showing interest to bid for the stakes in state-run Container Corp of India. The logistics provider, in order to make the purchase successful, is also
The Board of Directors of the CMA CGM Group, a world leader in shipping and logistics, met last week under the chairmanship of Mr Rodolphe Saadé, Chairman and
The proposed Remission of Duties and Taxes on Exported Products (RoDTEP) scheme seems to be stuck in an inter-ministerial tangle. According to reports, the scheme benefits may not
Start of commercial operations for CMA CGM AIR CARGO’s first Airbus A330-200F Opening of a regular route between Liege and Chicago on March 8 The fleet will be
ANTWERP: The reefer market saw worldwide growth in 2020. The port of Antwerp outperformed the global trend in this market segment with its growth figures. The increased volume
An increase in ton-mile demand is to be expected from news mid-week, that India is looking to change its crude import strategy. In its latest weekly report, shipbroker
Adani Ports and Special Economic Zone Ltd (APSEZ) has won a dredging contract valued at Rs 310 crore from Centre-run Deendayal Port Trust in Kandla,Gujarat. India’s biggest private
There is no credit impact on Adani Ports and Special Economic Zone Limited (APSEZ, BBB-/Negative, underlying credit profile: bbb) from its proposed acquisition of a minority 31.5% stake